Capitalism is more economically productive than socialism,and capitalism also creates greater economic inequality.

Question

Quizplus · Accepted Answer

Capitalism, with its emphasis on competition and individual incentives, has proven to be more economically productive than socialist systems, which rely on collective ownership and centralized planning. However, capitalism can also lead to greater economic inequality as wealth and resources tend to concentrate in the hands of a few.

Capitalism Is More Economically Productive Than Socialism,and Capitalism Also Creates